HC Deb 07 February 1978 vol 943 c486W
Mr. Michael Marshall

asked the Secretary of State for Energy, pursuant to his reply to the hon. Member for Arundel, Official Report, 16th December 1977, column 530, why no financial targets of any kind have been set for the Gas Corporation since 1974.

Dr. Mabon

After the period of price restraint in the early 1970s, it was first necessary to restore the gas industry to profitability. Now that this has been done, the Government intend to set a financial target for the industry as soon as possible.